Malaysia vs Latvia
Corporate Tax Comparison
Time of Update: Malaysia: 4/05/2026 / Latvia: 4/04/2026
Compare Malaysia and Latvia corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Malaysia vs Latvia Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Malaysia
Latvia
General CIT Rate:
24
General CIT Rate:
20 (only payable when distributing profits).
CIT Return Due Date:
From the date when the account is closed, within seven months.
CIT Return Due Date:
The tax deadline is one month. If taxpayers are allowed to pre-order proof documents quarterly, the tax period is one quarter. If there is a tax base, the tax return should be submitted on or before the 20th day of each month (quarter).
CIT Payment Due Date:
The last day after seven months from the date of account closure.
CIT Payment Due Date:
If there is a tax base, the tax payable should be paid on or before the 23rd day of the next tax filing period each month.
CIT Estimated Payment Due Date:
Prepaid taxes are to be paid in 12 monthly installments.
CIT Estimated Payment Due Date:
No estimated CIT payment.
Withholding Tax (WHT)
Malaysia
Latvia
Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/0
Resident Withholding Tax (Dividend/Interest/Royalty):
NA
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0/0 - 15/10
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/0
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Malaysia
Latvia
General Capital Gain Tax Rate:
Generally, capital gains do not require taxation, except for the income generated from the disposal of real properties located in Malaysia, which is subject to RPGT (up to 30%).
General Capital Gain Tax Rate:
Capital gains are constrained by the normal corporate income tax rate.
Effective Tax Rate (ETR)
Malaysia
Latvia
Composite Effective Average Tax Rate:
Composite Effective Average Tax Rate:
17.00%
Composite Effective Marginal Tax Rate:
Composite Effective Marginal Tax Rate:
0.00%
